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World prepares for another taper tantrum

Test is whether developing nations have done enough to insulate their economies from a higher US$, capital flight
Tuesday, April 21, 2015 - 05:50

London

THE world economy is about to discover if to be forewarned by the Federal Reserve is to be forearmed.

Two years after the Fed triggered a selloff of their assets in the so-called "taper tantrum", the finance chiefs of emerging markets left Washington meetings of the